Personal financial author and investor Ric Edelman describes a massive Bullish Bitcoin (BTC) prediction.
In a new interview with Natalie Brunell, Edelman out He believes that BTC will rise more than 350% compared to the current value in less than five years, because Bitcoin’s adoption accelerates and buy smart investors the dip.
“I don’t believe we’ll ever see a draw of 70% or 80% again. I wouldn’t say never to a 40% or even 50% [dip]But there are now so many institutional investors and sovereign power funds and hedge funds and family agencies … these are smart people, and when you see a significant decrease of 20% or 30%, they will recognize the buying option for what it is, and that will place a floor if we have ever seen before. So sure, we will continue to see volatility, but as the activa class matures, that volatility becomes less and less. “
Edelman predicts that more and more investors will add at least a small percentage of BTC to their total investment portfolio, so that Bitcoin will be sent to $ 500,000 in 2030.
“I am actually quite conservative. Many other people say $ 1 million by 2030. [Founder and executive chairman of software firm Strategy] Michael Saylor says $ 5 million. But not too many others share their math. I do it quite openly. I will tell you how I get there very quickly and easily. If you call the worldwide assets of the world, the total value of everything, the value of shares, bonds, real estate, gold, oil, raw materials, you mention the total value of everything, it is around $ 800 trillion.
If you now take the owners of all that stuff, you own it a bit, I have a little bit of it, we all have a little, if all those things all those things assign 1% of their portfolio to Bitcoin who would be a stream of $ 8 trillion. That would be Bitcoin at $ 500,000, that simple. ”
Bitcoin acts for $ 111,087 at the time of writing, an increase of 2% in the last 24 hours.
https://www.youtube.com/watch?v=_RiaHBLQMUE
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